Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Romania’s Hidroelectrica to Resume Full Power Supplies From May

April 24 (Bloomberg) -- Hidroelectrica SA, Romania’s state-owned hydropower generator, will resume power supplies at full capacity beginning next month, after river water levels improved, according to an e-mailed statement today.

Hidroelectrica, which cut electricity supplies to about 50 percent during last year’s drought, said it will end a force-majeure clause it activated for its contracts with companies such as Alro SA and will deliver power in “normal conditions” starting on May 1, the company said in the statement.

Alro, a Romanian aluminum smelter majority owned by Vimetco NV, said in January its production may be affected by the power supplies shortage that forced the smelter to buy the rest from the overnight market at higher costs.

To contact the reporter on this story: Andra Timu in Bucharest at atimu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.